B. Riley Completes $100 Million Debt Offering

B. Riley Financial Inc. has closed a public offering of $100 million in senior notes, the Woodland Hills company announced Tuesday.

The notes carry an interest rate of nearly 6.88 percent and come due in 2023.

“The offering resulted in net proceeds of approximately $96.9 million after deducting underwriting discounts and commissions, but before expenses,” B. Riley said in its announcement. “The company intends to use the remaining net proceeds of this offering for general corporate purposes.”